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GST Interest Calculator

GST Interest Calculator

Under Goods and Service tax Regime, liability of Interest arises on Late Payment of GST. The Interest is paid from the next day of due date of GST Return filing. Interest liability arises for every person who:

  • Makes the payment of GST after the due date.
  • Claims excess Input Tax Credit (ITC)
  • Reduces excess Output Tax Liability

If GST is not paid within the due dates of filing GST return, Interest is paid at the following rates :

Particulars Interest
Tax paid after due date 18% p.a.
Excess ITC Claimed or excess reduction in Output Tax 24% p.a.


Click here to check the due dates of GST Return- 2020 GST Calendar

Check also –

GST Input Tax Credit Calculator

GST Calculator

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gst interest calculator
GST calculator
Disclaimer: The GST Interest Calculator or any other calculator is solely for personal use. BabaTax and its members do not accept any liabilities for any loss or damage of any kind arising out of information and for any actions taken in reliance thereon.